Technical analysis by jonnieking about Symbol BTC on 12/12/2025

₿itcoin continues to struggle to reclaim the 9DEMA. Is this a bearish pennant that will trap bulls? Or will these higher lows lead to a violent breakout to the upside? If PA can start trading within the POI above the .618 Fib then there’s a chance for a nice relief rally going into Christmas. Gut says it might breakthrough on the 5th attempt. Confirmation will be BTC closing above the 50MA and 50% Gann level.